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  2. A $1 billion CPAP recall devastated Philips. The CEO ... - AOL

    www.aol.com/finance/1-billion-cpap-recall...

    Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like ...

  3. Philips shares surge on US recall settlement news - AOL

    www.aol.com/news/philips-pays-1-1-billion...

    Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years.

  4. Philips settles one category of U.S. claims over respirator ...

    www.aol.com/news/dutch-company-philips-reaches-u...

    AMSTERDAM (Reuters) -Philips said on Thursday it has reached a settlement to resolve one category of legal claims against it following a major recall of the Dutch medical equipment maker's sleep ...

  5. US FDA still not satisfied with Philips recall; stock falls ...

    www.aol.com/news/us-fda-still-not-satisfied...

    AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied with how Dutch healthcare technology company Philips has handled a major product recall and the ...

  6. FDA warning letter - Wikipedia

    en.wikipedia.org/wiki/FDA_Warning_Letter

    The agency has a computer application called the Compliance Management System (CMS, or MARC-CMS) that district offices use to electronically submit warning letter recommendations to FDA Centers. All district office must use the CMS to submit the warning letter recommendation, the Form FDA 483 that supports the alleged violations, the ...

  7. These machines to help people breathe were recalled a year ...

    www.aol.com/news/machines-help-people-breathe...

    Philips said it had some 2.6 million devices registered for the recall in the U.S. — which it said represented the "vast majority" of affected devices nationwide — but was continuing to try to ...

  8. Philips recalls ventilators, sleep apnea machines due to ...

    www.aol.com/finance/philips-recalls-3-4-million...

    "Philips has received reports of possible patient impact due to foam degradation," the company said in a statement. "To date, there have been no reports of death as a result of these issues."

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